We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
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Govt. Clarifies Re-Import Rules for Unsold Jewellery at Exhibitions
New Delhi: India’s Ministry of Commerce & Industry has issued a crucial clarification concerning the re-import of unsold jewellery exported for exhibitions under specific conditions outlined in the Handbook of Procedure, 2023. This announcement follows recent amendments to the import policy for certain jewellery items. The Directorate General of Foreign Trade (DGFT), Department of Commerce, Ministry of Commerce & Industry,
7th Platinum BSM on 4th & 5th July
Kochi: Platinum Guild International (PGI)-India has organized the highly anticipated 7th edition of its prestigious flagship event, the Platinum Buyer-Seller Meet (BSM) in Kochi. The marquee event will be held on 4th and 5th of July 2024, bringing together 16 official platinum jewellery manufacturers and leading names in retail jewellery business under the PGI programme. Renowned for its focus on design and
Resilient Performance by India’s Jewellery Sector
Mumbai: India’s gems and jewellery sector continues to demonstrate resilience and growth, as highlighted by the latest export performance data for the period of April to May 2024. The overall gross exports of Gems & Jewellery during this period amounted to US$ 4691.58 million (Rs. 39123.07 crores), showcasing a commendable performance. While this reflects a slight decline of 5.94% (-4.56%
GJEPC Leaders Meet New Ministers to Discuss Industry Issues
New Delhi: The leadership team of the GJEPC, including Chairman Mr. Vipul Shah, Vice Chairman Mr. Kirit Bhansali, Executive Director Mr. Sabyasachi Ray, along with Policy Advisor Ms. Monika Mohta, held a meeting with the Honourable Finance Minister, Smt Nirmala Sitharaman today, 13th June. The GJEPC delegation congratulated the Finance Minister on her efforts and discussed pressing issues and challenges currently
6th Edition of Platinum ‘Season of Love’ Retail Initiative
Mumbai: Platinum Guild India (PGI) has announced the sixth edition of its flagship retail initiative – ‘Platinum Season of Love’. A retail trade activation initiative, the month-long programme will kick off from May 1st – June 1st, 2023. Last year the ‘Platinum Season of Love’ saw over 1400+ stores from across 300+ cities reporting a 102% growth in platinum jewellery
Forevermark Opens 2nd Exclusive Boutique in Indore
Mumbai: De Beers Forevermark has unveiled its second exclusive boutique in Indore thanks to the encouraging support of its patrons that made its first store in the city a huge success along with the increasing demand for natural diamonds and contemporary jewellery. Located at the popular Phoenix Citadel Mall, the new boutique will showcase some of the brand’s most iconic
Augmont Gold for All Gets "Best OTT Platform" Award
Mumbai: India’s Gold Platform, run by Augmont Gold For All, has been honoured with the “Best OTT Platform for 2023” award at the recently held 8th India Bullion & Jewellery awards 2023. The Indian Bullion and Jewellery Association ltd (IBJA) organised the magnificent Award unveiling ceremony. IBJA recognises and honours the most deserving candidates while preserving the greatest level of
De Beers Finds a Diamond within Diamond
London: A De Beers sightholder found an “anomaly” in one of its parcels: a diamond encased within another diamond. India-based VD Global discovered the 0.329-carat, D-color, type IaAB diamond, named the Beating Heart, in October, and returned it to De Beers for testing, the miner said last week. The stone originated from one of De Beers’ mines in Botswana, Canada,
